MoneyWorks4Me

RIL’s telecom arm to launch 4G services in mid-July: Report

20 May 2015 Evaluate

Reliance Industries’ (RIL) telecom arm - Reliance Jio Infocomm (RJio) is reportedly planning to launch 4G services in mid-July as company is close to finalizing wholesale distributors in most circles.

Reliance Jio holds a mix of airwaves in the 1800 MHz and the 2300 MHz bands across the country. The launch of its services has been the most eagerly awaited event across the telecom industry, amid expectations it will disrupt the market through an attractive pricing strategy.

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
View more..